PARIS – Expanding defense budgets and the direct-to-device race are driving growth in the global space economy, Novaspace CEO Pacôme Révillon, said at the outset of the World Space Business Week conference here.

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Debra Werner is a correspondent for SpaceNews based in San Francisco. Debra earned a bachelor’s degree in communications from the University of California, Berkeley, and a master’s degree in Journalism from Northwestern University. She is a recipient...